They stuck around even well after better consoles and games came along-- most of us ended up going down the Sony side of the PS2/Xbox/GC generation, which was limited to two players without a multitap. The N64's four controller ports were really a killer feature for the system-- it meant that the only thing you needed for four-way multiplayer was to have each player bring along their controllers from home.
At one point, he’s had four friends over all with PS4s playing against each other on separate displays in the house - thank goodness for wired gigabit Ethernet through the house and a bidirectional gig-e Internet connection that didn’t even blink at the traffic. My wife and I were still able to watch DirecTVNow....
Back in the day, they would have to drag desktop computers, CRT monitors and known how to network them for LAN parties.